資產負債表僅顯示部份重要科目, 完整財報可參考這裡 玩股撇步(動畫小學堂)
- 現金是否充足, 是否沒有債務壓力. 現金和短期借款和一年內到期長期負債都很高的話要小心, 滿手現金卻不還債, 可能有問題
- 應收帳款或存貨是否突然大幅增加, 留意應收帳款超過營收
- 營收和獲利增加的速度要大於存貨和應收帳款的速度; 營收衰退, 應收帳款正常也要跟著減少
- 營業活動負債: 因營業活動而產生, 如應付帳款, 應付票據, 合約負債等, 通常不需要支付利息. 此類型負債上升, 通常代表業績增加, 議價能力變好
- 最容易被操弄的資產是應收帳款, 存貨和長期投資
- 如果有資金貸予他人要注意
- 非控制權益佔比: 非控制權益 / 股東權益總額, 如果這個值過大時要看個體報表, 不能只看合併報表
- 圖表中的值是加一取對數, 目的是為了看趨勢
- 還款急迫性 - 公司債 > 應付票據 > 銀行借款 > 應付員工 > 應付帳款/費用 > 其它
- 如果未分配盈餘為負, 就算當年有獲利也沒法配息
- 如果配息能力(未分配盈餘+其它權益)為負, 有可能會無法配息
| 現金及約當現金 YoY | 短期借款 YoY | 一年內到期長期負債 YoY | 資金貸予他人 YoY | 營收 YoY | 淨利 YoY | 應收帳款及票據 YoY | 應收帳款佔營收比(%) YoY | 存貨 YoY | 長期投資 YoY | 長期負債 YoY | 商譽及無形資產 YoY | 股本 YoY | 法定盈餘公積 YoY | 特別盈餘公積 YoY | 未分配盈餘 YoY | 保留盈餘 YoY | 其它權益 YoY | 配息能力 YoY | 非控制權益佔比 YoY | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 (10) | 5.75 | -11.81 | 8.66 | 4.34 | 0.69 | -78.44 | 0 | 0 | 32.65 | 2.9 | 0.82 | -55.68 | 1.4 | -56.11 | 4.29 | -57.35 | 4.78 | -9.13 | 0.11 | -65.62 | 7.53 | 58.53 | 1.73 | -20.28 | 4.95 | 23.13 | 0.29 | 163.64 | 0.01 | -83.33 | 1.57 | -24.88 | 1.88 | -16.81 | -0.02 | 0 | 1.55 | -25.48 | 0.13 | -49.86 |
| 2022 (9) | 6.52 | 5.33 | 8.3 | 24.25 | 3.2 | 23.08 | 0 | 0 | 31.73 | 16.48 | 1.85 | 69.72 | 3.19 | -3.04 | 10.05 | -16.76 | 5.26 | 17.15 | 0.32 | -3.03 | 4.75 | -10.55 | 2.17 | -6.47 | 4.02 | 14.86 | 0.11 | 0 | 0.06 | 200.0 | 2.09 | 91.74 | 2.26 | 103.6 | -0.01 | 0 | 2.08 | 101.94 | 0.27 | -12.27 |
| 2021 (8) | 6.19 | 20.9 | 6.68 | 1.06 | 2.6 | 23.81 | 0.06 | -62.5 | 27.24 | 31.15 | 1.09 | 0 | 3.29 | -5.19 | 12.08 | -27.71 | 4.49 | 7.42 | 0.33 | 94.12 | 5.31 | -0.19 | 2.32 | -4.92 | 3.5 | 0.0 | 0 | 0 | 0.02 | 0.0 | 1.09 | 0 | 1.11 | 0 | -0.06 | 0 | 1.03 | 0 | 0.31 | 6.64 |
| 2020 (7) | 5.12 | 92.48 | 6.61 | 73.49 | 2.1 | 114.29 | 0.16 | -36.0 | 20.77 | 52.05 | -1.3 | 0 | 3.47 | 13.77 | 16.71 | -25.18 | 4.18 | -17.06 | 0.17 | 0 | 5.32 | 2.11 | 2.44 | -26.28 | 3.5 | 10.76 | 0.18 | 28.57 | 0.02 | 0 | -0.62 | 0 | -0.42 | 0 | -0.05 | 0 | -0.67 | 0 | 0.29 | -38.17 |
| 2019 (6) | 2.66 | 91.37 | 3.81 | 852.5 | 0.98 | 226.67 | 0.25 | 0 | 13.66 | 34.58 | 0.44 | -29.03 | 3.05 | -11.59 | 22.33 | -34.31 | 5.04 | 191.33 | 0 | 0 | 5.21 | 115.29 | 3.31 | 112.18 | 3.16 | 9.72 | 0.14 | 75.0 | 0 | 0 | 0.74 | 105.56 | 0.88 | 100.0 | -0.02 | 0 | 0.72 | 105.71 | 0.46 | 51.37 |
| 2018 (5) | 1.39 | -29.8 | 0.4 | -35.48 | 0.3 | 0 | 0 | 0 | 10.15 | 28.32 | 0.62 | 0 | 3.45 | 25.0 | 33.99 | -2.59 | 1.73 | 179.03 | 1.75 | 0 | 2.42 | 0 | 1.56 | 387.5 | 2.88 | 0.0 | 0.08 | 0.0 | 0 | 0 | 0.36 | 3500.0 | 0.44 | 388.89 | -0.01 | 0 | 0.35 | 0 | 0.31 | 0 |
| 2017 (4) | 1.98 | 130.23 | 0.62 | 14.81 | 0 | 0 | 0 | 0 | 7.91 | -17.17 | -0.67 | 0 | 2.76 | -27.18 | 34.89 | -12.08 | 0.62 | -26.19 | 0 | 0 | 0 | 0 | 0.32 | 0.0 | 2.88 | 0.0 | 0.08 | 166.67 | 0 | 0 | 0.01 | -98.63 | 0.09 | -88.16 | -0.01 | 0 | 0 | 0 | 0.00 | 0 |
| 2016 (3) | 0.86 | -27.73 | 0.54 | -31.65 | 0 | 0 | 0.35 | 0 | 9.55 | -14.04 | 0.45 | 55.17 | 3.79 | 7.67 | 39.69 | 25.26 | 0.84 | 2.44 | 0 | 0 | 0 | 0 | 0.32 | 0.0 | 2.88 | 0.0 | 0.03 | 0 | 0 | 0 | 0.73 | 135.48 | 0.76 | 145.16 | -0.01 | 0 | 0.72 | 132.26 | 0.01 | -12.16 |
| 2015 (2) | 1.19 | 133.33 | 0.79 | -3.66 | 0 | 0 | 0 | 0 | 11.11 | 1.55 | 0.29 | -29.27 | 3.52 | -36.92 | 31.68 | -37.88 | 0.82 | -21.15 | 0 | 0 | 0 | 0 | 0.32 | 0.0 | 2.88 | 0.0 | 0 | 0 | 0 | 0 | 0.31 | 3000.0 | 0.31 | 3000.0 | 0 | 0 | 0.31 | 3000.0 | 0.01 | 36.62 |
| 2014 (1) | 0.51 | 50.0 | 0.82 | 32.26 | 0.07 | 0 | 0 | 0 | 10.94 | 65.01 | 0.41 | -22.64 | 5.58 | 97.87 | 51.01 | 19.92 | 1.04 | 65.08 | 0 | 0 | 0.01 | 0 | 0.32 | 0.0 | 2.88 | 0.0 | 0 | 0 | 0 | 0 | 0.01 | 0 | 0.01 | 0 | 0 | 0 | 0.01 | 0 | 0.01 | -65.41 |
| 現金及約當現金 QoQ YoY | 短期借款 QoQ YoY | 一年內到期長期負債 QoQ YoY | 資金貸予他人 QoQ YoY | 營收 QoQ YoY | 淨利 QoQ YoY | 應收帳款及票據 QoQ YoY | 應收帳款佔營收比(%) QoQ YoY | 存貨 QoQ YoY | 長期投資 QoQ YoY | 長期負債 QoQ YoY | 商譽及無形資產 QoQ YoY | 股本 QoQ YoY | 法定盈餘公積 QoQ YoY | 特別盈餘公積 QoQ YoY | 未分配盈餘 QoQ YoY | 保留盈餘 QoQ YoY | 其它權益 QoQ YoY | 配息能力 QoQ YoY | 非控制權益佔比 QoQ YoY | |||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 24Q3 (20) | 5.63 | -27.07 | -11.48 | 9.76 | -6.96 | -0.51 | 1.41 | 16.53 | 71.95 | 0 | 0 | 0 | 9.03 | 1.8 | 7.76 | 0.11 | 0 | 0.0 | 2.18 | 5.31 | 70.31 | 6.82 | 3.17 | 81.4 | 5.46 | 0.37 | 18.95 | 0.09 | 12.5 | -25.0 | 10.95 | -3.27 | 66.41 | 1.67 | 0.6 | -5.65 | 5.32 | 0.0 | 7.47 | 0.38 | 0.0 | 31.03 | 0.03 | 0.0 | 200.0 | 0.7 | 18.64 | -61.11 | 1.1 | 10.0 | -47.87 | -0.13 | -8.33 | -750.0 | 0.57 | 21.28 | -68.68 | 0.11 | -15.68 | -15.39 |
| 24Q2 (19) | 7.72 | 29.31 | 21.57 | 10.49 | 33.63 | 25.48 | 1.21 | 42.35 | 45.78 | 0 | 0 | 0 | 8.87 | 24.75 | -3.8 | 0 | 100.0 | -100.0 | 2.07 | 59.23 | -35.11 | 6.61 | 61.01 | -29.84 | 5.44 | 20.89 | 15.74 | 0.08 | -11.11 | -72.41 | 11.32 | 14.57 | 70.23 | 1.66 | -2.35 | -21.7 | 5.32 | 7.47 | 7.47 | 0.38 | 31.03 | 31.03 | 0.03 | 200.0 | 200.0 | 0.59 | -50.42 | -65.09 | 1.0 | -32.89 | -50.0 | -0.12 | -100.0 | 0 | 0.47 | -58.41 | -72.19 | 0.13 | -3.64 | -49.1 |
| 24Q1 (18) | 5.97 | 3.83 | 7.37 | 7.85 | -9.35 | -8.51 | 0.85 | 23.19 | -71.67 | 0 | 0 | 0 | 7.11 | 2.45 | -12.44 | -0.38 | -65.22 | -190.48 | 1.3 | -7.14 | -56.95 | 4.11 | -4.18 | -55.74 | 4.5 | -5.86 | -2.6 | 0.09 | -18.18 | -74.29 | 9.88 | 31.21 | 114.78 | 1.7 | -1.73 | -21.3 | 4.95 | 0.0 | 23.13 | 0.29 | 0.0 | 163.64 | 0.01 | 0.0 | -83.33 | 1.19 | -24.2 | -52.59 | 1.49 | -20.74 | -44.4 | -0.06 | -200.0 | -500.0 | 1.13 | -27.1 | -54.8 | 0.13 | -1.91 | -48.53 |
| 23Q4 (17) | 5.75 | -9.59 | -11.81 | 8.66 | -11.72 | 4.34 | 0.69 | -15.85 | -78.44 | 0 | 0 | 0 | 6.94 | -17.18 | -16.49 | -0.23 | -309.09 | -146.0 | 1.4 | 9.38 | -56.11 | 4.29 | 13.96 | -57.36 | 4.78 | 4.14 | -9.13 | 0.11 | -8.33 | -65.62 | 7.53 | 14.44 | 58.53 | 1.73 | -2.26 | -20.28 | 4.95 | 0.0 | 23.13 | 0.29 | 0.0 | 163.64 | 0.01 | 0.0 | -83.33 | 1.57 | -12.78 | -24.88 | 1.88 | -10.9 | -16.81 | -0.02 | -200.0 | -100.0 | 1.55 | -14.84 | -25.48 | 0.13 | 6.16 | -49.86 |
| 23Q3 (16) | 6.36 | 0.16 | -7.15 | 9.81 | 17.34 | 22.01 | 0.82 | -1.2 | -72.2 | 0 | 0 | 0 | 8.38 | -9.11 | 2.32 | 0.11 | -78.85 | -76.09 | 1.28 | -59.87 | -60.62 | 3.76 | -60.1 | -64.8 | 4.59 | -2.34 | -0.65 | 0.12 | -58.62 | -68.42 | 6.58 | -1.05 | 31.6 | 1.77 | -16.51 | -19.55 | 4.95 | 0.0 | 23.13 | 0.29 | 0.0 | 163.64 | 0.01 | 0.0 | -83.33 | 1.8 | 6.51 | 13.21 | 2.11 | 5.5 | 19.89 | 0.02 | 0 | 0 | 1.82 | 7.69 | 14.47 | 0.13 | -49.28 | -53.84 |
| 23Q2 (15) | 6.35 | 14.21 | 24.51 | 8.36 | -2.56 | 11.76 | 0.83 | -72.33 | -71.96 | 0 | 0 | 0 | 9.22 | 13.55 | 16.41 | 0.52 | 23.81 | 10.64 | 3.19 | 5.63 | -11.63 | 9.43 | 1.57 | -23.7 | 4.7 | 1.73 | 10.59 | 0.29 | -17.14 | -3.33 | 6.65 | 44.57 | 31.68 | 2.12 | -1.85 | -5.78 | 4.95 | 23.13 | 23.13 | 0.29 | 163.64 | 163.64 | 0.01 | -83.33 | -83.33 | 1.69 | -32.67 | 50.89 | 2.0 | -25.37 | 53.85 | 0 | 100.0 | 100.0 | 1.69 | -32.4 | 55.05 | 0.25 | -2.56 | -12.32 |
| 23Q1 (14) | 5.56 | -14.72 | -14.06 | 8.58 | 3.37 | 11.57 | 3.0 | -6.25 | 8.7 | 0 | 0 | 0 | 8.12 | -2.29 | 11.08 | 0.42 | -16.0 | 0.0 | 3.02 | -5.33 | -12.97 | 9.28 | -7.69 | -24.44 | 4.62 | -12.17 | 12.41 | 0.35 | 9.38 | -7.89 | 4.6 | -3.16 | -8.55 | 2.16 | -0.46 | -5.68 | 4.02 | 0.0 | 14.86 | 0.11 | 0.0 | 0 | 0.06 | 0.0 | 200.0 | 2.51 | 20.1 | 67.33 | 2.68 | 18.58 | 75.16 | -0.01 | 0.0 | 80.0 | 2.5 | 20.19 | 72.41 | 0.26 | -4.44 | -17.01 |
| 22Q4 (13) | 6.52 | -4.82 | 5.33 | 8.3 | 3.23 | 24.25 | 3.2 | 8.47 | 23.08 | 0 | 0 | -100.0 | 8.31 | 1.47 | 18.88 | 0.5 | 8.7 | 61.29 | 3.19 | -1.85 | -3.04 | 10.05 | -5.93 | -16.76 | 5.26 | 13.85 | 17.15 | 0.32 | -15.79 | -3.03 | 4.75 | -5.0 | -10.55 | 2.17 | -1.36 | -6.47 | 4.02 | 0.0 | 14.86 | 0.11 | 0.0 | 0 | 0.06 | 0.0 | 200.0 | 2.09 | 31.45 | 91.74 | 2.26 | 28.41 | 103.6 | -0.01 | 0 | 83.33 | 2.08 | 30.82 | 101.94 | 0.27 | -2.28 | -12.27 |
| 22Q3 (12) | 6.85 | 34.31 | 16.5 | 8.04 | 7.49 | 5.93 | 2.95 | -0.34 | 18.95 | 0 | 0 | -100.0 | 8.19 | 3.41 | 17.0 | 0.46 | -2.13 | 17.95 | 3.25 | -9.97 | -22.99 | 10.69 | -13.5 | -34.79 | 4.62 | 8.71 | 7.19 | 0.38 | 26.67 | 52.0 | 5.0 | -0.99 | -7.24 | 2.2 | -2.22 | -6.78 | 4.02 | 0.0 | 14.86 | 0.11 | 0.0 | 0 | 0.06 | 0.0 | 200.0 | 1.59 | 41.96 | 103.85 | 1.76 | 35.38 | 120.0 | 0 | 100.0 | 100.0 | 1.59 | 45.87 | 120.83 | 0.27 | -3.65 | -9.12 |
| 22Q2 (11) | 5.1 | -21.17 | -15.7 | 7.48 | -2.73 | 2.61 | 2.96 | 7.25 | 31.56 | 0 | 0 | -100.0 | 7.92 | 8.34 | 13.96 | 0.47 | 11.9 | 135.0 | 3.61 | 4.03 | -3.99 | 12.35 | 0.58 | -19.7 | 4.25 | 3.41 | 1.67 | 0.3 | -21.05 | 36.36 | 5.05 | 0.4 | -6.48 | 2.25 | -1.75 | -6.25 | 4.02 | 14.86 | 14.86 | 0.11 | 0 | -38.89 | 0.06 | 200.0 | 200.0 | 1.12 | -25.33 | 586.96 | 1.3 | -15.03 | 4433.33 | -0.03 | 40.0 | 50.0 | 1.09 | -24.83 | 475.86 | 0.28 | -7.76 | -5.97 |
| 22Q1 (10) | 6.47 | 4.52 | 0.94 | 7.69 | 15.12 | -0.39 | 2.76 | 6.15 | -0.36 | 0 | -100.0 | -100.0 | 7.31 | 4.58 | 16.03 | 0.42 | 35.48 | 121.05 | 3.47 | 5.47 | 6.77 | 12.28 | 1.7 | -13.3 | 4.11 | -8.46 | 9.31 | 0.38 | 15.15 | 100.0 | 5.03 | -5.27 | -7.02 | 2.29 | -1.29 | -6.15 | 3.5 | 0.0 | 0.0 | 0 | 0 | -100.0 | 0.02 | 0.0 | 0.0 | 1.5 | 37.61 | 448.84 | 1.53 | 37.84 | 765.22 | -0.05 | 16.67 | 0.0 | 1.45 | 40.78 | 402.08 | 0.31 | 1.01 | 3.56 |
| 21Q4 (9) | 6.19 | 5.27 | 20.9 | 6.68 | -11.99 | 1.06 | 2.6 | 4.84 | 23.81 | 0.06 | -33.33 | -62.5 | 6.99 | -0.14 | 27.09 | 0.31 | -20.51 | 293.75 | 3.29 | -22.04 | -5.19 | 12.08 | -26.3 | -27.74 | 4.49 | 4.18 | 7.42 | 0.33 | 32.0 | 94.12 | 5.31 | -1.48 | -0.19 | 2.32 | -1.69 | -4.92 | 3.5 | 0.0 | 0.0 | 0 | 0 | -100.0 | 0.02 | 0.0 | 0.0 | 1.09 | 39.74 | 275.81 | 1.11 | 38.75 | 364.29 | -0.06 | 0.0 | -20.0 | 1.03 | 43.06 | 253.73 | 0.31 | 1.24 | 6.64 |
| 21Q3 (8) | 5.88 | -2.81 | 6.14 | 7.59 | 4.12 | 12.61 | 2.48 | 10.22 | 123.42 | 0.09 | -18.18 | -60.87 | 7.0 | 0.72 | 23.02 | 0.39 | 95.0 | 139.39 | 4.22 | 12.23 | 1.2 | 16.39 | 6.52 | -20.57 | 4.31 | 3.11 | 8.56 | 0.25 | 13.64 | 0 | 5.39 | -0.19 | -15.52 | 2.36 | -1.67 | -2.48 | 3.5 | 0.0 | 0.0 | 0 | -100.0 | -100.0 | 0.02 | 0.0 | 0.0 | 0.78 | 439.13 | 265.96 | 0.8 | 2766.67 | 407.69 | -0.06 | 0.0 | -50.0 | 0.72 | 348.28 | 241.18 | 0.30 | -0.31 | 6.14 |
| 21Q2 (7) | 6.05 | -5.62 | 89.66 | 7.29 | -5.57 | 75.66 | 2.25 | -18.77 | 200.0 | 0.11 | -31.25 | 0 | 6.95 | 10.32 | 27.52 | 0.2 | 5.26 | 300.0 | 3.76 | 15.69 | -2.84 | 15.38 | 8.59 | 0 | 4.18 | 11.17 | -9.13 | 0.22 | 15.79 | 0 | 5.4 | -0.18 | -12.2 | 2.4 | -1.64 | -21.31 | 3.5 | 0.0 | 0.0 | 0.18 | 0.0 | 0.0 | 0.02 | 0.0 | 0.0 | -0.23 | 46.51 | -143.4 | -0.03 | 86.96 | -104.11 | -0.06 | -20.0 | -100.0 | -0.29 | 39.58 | -158.0 | 0.30 | 1.58 | 25.86 |
| 21Q1 (6) | 6.41 | 25.2 | 119.52 | 7.72 | 16.79 | 61.51 | 2.77 | 31.9 | 326.15 | 0.16 | 0.0 | -46.67 | 6.3 | 14.55 | 52.91 | 0.19 | 218.75 | 480.0 | 3.25 | -6.34 | 6.91 | 14.17 | -15.24 | 0 | 3.76 | -10.05 | -16.81 | 0.19 | 11.76 | 0 | 5.41 | 1.69 | -2.52 | 2.44 | 0.0 | -25.84 | 3.5 | 0.0 | 0.0 | 0.18 | 0.0 | 28.57 | 0.02 | 0.0 | 0 | -0.43 | 30.65 | -162.32 | -0.23 | 45.24 | -127.71 | -0.05 | 0.0 | -150.0 | -0.48 | 28.36 | -171.64 | 0.30 | 4.02 | -18.44 |
| 20Q4 (5) | 5.12 | -7.58 | 92.48 | 6.61 | -1.93 | 73.49 | 2.1 | 89.19 | 223.08 | 0.16 | -30.43 | -36.0 | 5.5 | -3.34 | 11.11 | -0.16 | 83.84 | -1700.0 | 3.47 | -16.79 | 13.77 | 16.71 | -18.99 | 0 | 4.18 | 5.29 | -17.06 | 0.17 | 0 | 0 | 5.32 | -16.61 | -3.97 | 2.44 | 0.83 | -26.28 | 3.5 | 0.0 | 10.76 | 0.18 | 0.0 | 28.57 | 0.02 | 0.0 | 0 | -0.62 | -31.91 | -183.78 | -0.42 | -61.54 | -147.73 | -0.05 | -25.0 | -150.0 | -0.67 | -31.37 | -193.06 | 0.29 | 0.76 | -38.17 |
| 20Q3 (4) | 5.54 | 73.67 | 0.0 | 6.74 | 62.41 | 0.0 | 1.11 | 48.0 | 0.0 | 0.23 | 0 | 0.0 | 5.69 | 4.4 | 0.0 | -0.99 | -890.0 | 0.0 | 4.17 | 7.75 | 0.0 | 20.63 | 0 | 0.0 | 3.97 | -13.7 | 0.0 | 0 | 0 | 0.0 | 6.38 | 3.74 | 0.0 | 2.42 | -20.66 | 0.0 | 3.5 | 0.0 | 0.0 | 0.18 | 0.0 | 0.0 | 0.02 | 0.0 | 0.0 | -0.47 | -188.68 | 0.0 | -0.26 | -135.62 | 0.0 | -0.04 | -33.33 | 0.0 | -0.51 | -202.0 | 0.0 | 0.28 | 18.21 | 0.0 |
